Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

SBA Syracuse-Upstate district office seeks nominations for 2024 National Small Business Week Awards
SYRACUSE, N.Y. — The Syracuse-Upstate New York district office of the U.S. Small Business Administration (SBA) says it is seeking nominations for the 2024 National

New York manufacturing activity bounces back in September
The Empire State Manufacturing Survey general business-conditions index rebounded into positive territory by rising 21 points in September to 1.9. The index had plummeted 20 points in August to -19 after declining six points in July to 1.1. The general business-conditions index is the monthly gauge on New York’s manufacturing sector. The September reading —

Rekord Structures expands in Binghamton area after acquisition
BINGHAMTON, N.Y. — Rekord Structures, LLC purchased the Eureka! military and commercial tents product lines from Johnson Outdoors, Inc. earlier this year as it works to expand its operations in the greater Binghamton area and U.S. Formed in Poland more than 25 years ago, Rekord has focused on engineering and structural manufacturing of various structures

N.Y. home sales continue falling in August with 19% decline
ALBANY, N.Y. — New York realtors sold 11,310 previously owned homes in August, down 18.8 percent from the 13,922 existing homes sold in August 2022. Pending sales also fell more than 11 percent, pointing to further declines in closed home sales in the next couple months. That’s according to the August monthly housing report that

VC firm partner sees opportunity with new Tech Garden office
SYRACUSE — A partner in ff Venture Capital (ffVC) is giving a thumbs up to its role as the first in-residence investor at CenterState CEO’s Tech Garden. Its operations at the Tech Garden also represent an upstate New York office for the New York City–based firm. The Tech Garden, operated by CenterState CEO, is home

New York SBDC honors Syracuse business owner as NY minority entrepreneur of the year
SYRACUSE, N.Y. — The New York State Small Business Development Center (SBDC) on Friday recognized Shawni Davis with its 2023 Minority Entrepreneur of the Year

People news: KeyBank names VP, area retail leader
SYRACUSE, N.Y. — Kevin Westcott has joined KeyBank as VP, area retail leader, the bank announced. In this role, he is based in Key’s downtown

IAED announces public launch of five-year investment initiative
ITHACA, N.Y. — Ithaca Area Economic Development (IAED) announced the public launch of its five-year investment initiative — Th!nk Tompkins — on Sept. 21 during

FTC, NYS among those suing Amazon for “illegally maintaining monopoly power”
New York is among 17 states that are joining the Federal Trade Commission (FTC) is suing Amazon (NASDAQ: AMZN), alleging that the online retail and

Five Syracuse cannabis stores are shut down for not having “proper state licensing”
SYRACUSE, N.Y. — The City of Syracuse has closed down five smoke shops where New York State investigators seized adult-use cannabis products “without proper state
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.